---
title: "Corporate Venture Capital"
ocid: "ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR INTERNATIONAL TRADE"
published: "2024-11-04"
---

# Corporate Venture Capital

Buyer: DEPARTMENT FOR INTERNATIONAL TRADE  
Current stage: Award  
OCID: ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2

[View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2)  
[Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2.json)

## Summary

The Department for International Trade has completed the procurement process for a contract titled "Corporate Venture Capital," aimed at the business and management consultancy sector. The final award stage saw the contract awarded to Prom Partners, an SME based in Zurich, Switzerland. The procurement, conducted through a single tender action (below threshold), had a total value of £80,000 and covers services to be provided globally, including the United Kingdom and various overseas territories. The contract period began and ended on 24th October 2024, with the award being officially announced on 4th November 2024.

This tender presents a significant opportunity for SMEs, particularly those in the consultancy sector, to engage with high-value contracts managed by prominent governmental departments such as the Department for International Trade. Companies specialising in business and management consultancy will find such tenders particularly advantageous for expanding their portfolio and establishing long-term relationships in international markets. The streamlined procurement method signifies a potential for quicker engagement and reduced bureaucratic processes, making it an attractive proposition for capable SMEs.

## Notice

Corporate Venture Capital

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/a6ab83b4-15b1-43a2-b881-024c48764bc7 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Direct |
| Procurement method details | Single tender action (below threshold) |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 4 Nov 2024 |
| Submission deadline | 22 Oct 2024 |
| Future notice date | Not specified |
| Award date | 23 Oct 2024 |
| Contract period | 23 Oct 2024 - 24 Oct 2024 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £80,000 |
| Lots value | Not specified |
| Awards value | £80,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR INTERNATIONAL TRADE |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1A 2DY |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | PROM PARTNERS |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 4 Nov 2024 at 15:00 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/a6ab83b4-15b1-43a2-b881-024c48764bc7

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/a6ab83b4-15b1-43a2-b881-024c48764bc7
  4th November 2024 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/3228bc5f-74a4-4e39-beaf-e8c6af8a7047
  n/a

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-0f39c9a7-3ce9-45fb-9f99-85ef95bf21d2.json.